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BioSpace·11h ago·2 min read
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Sandoz inks $322M Henlius deal for rights to as many as 10 biosimilars

The initial batch of biosimilars includes copies of Amgen, Eli Lilly and GSK drugs that collectively generate billions of dollars in annual revenues.

Aug 18, 2026·read at BioSpace ↗DealNeutral

News Drug Delivery Sandoz inks $322M Henlius deal for rights to as many as 10 biosimilars August 18, 2026 | 2 min read | Nick Paul Taylor Twitter LinkedIn Facebook Email Print The initial batch of biosimilars includes copies of Amgen, Eli Lilly and GSK drugs that collectively generate billions of dollars in annual revenues. Sandoz has agreed to pay up to $322 million to collaborate with Shanghai Henlius Biotech on up to 10 biosimilars.The deal gives Sandoz ex-China rights to the biosimilars, starting with copies of Amgen’s Repatha (evolocumab), Eli Lilly’s Erbitux (cetuximab) and GSK’s Benlysta (belimumab). Sandoz also has an option on a recombinant human hyaluronidase called rHuPH20.

Henlius recently began clinical trials of the enzyme. Elsewhere, U.S. biotech Halozyme is using recombinant human hyaluronidase to enable subcutaneous delivery of intravenous drugs.Near-term payments associated with the initial assets could reach $100.5 million.

Sandoz has the chance to add more biosimilars to the collaboration, up to the maximum deal size of 10 drugs and $322 million in initial fees and milestone payments.China’s Henlius will handle development and manufacturing. The drugmaker has three manufacturing sites in China with a total capacity of 84,000 liters. European authorities have certified all of the plants.

Two of the facilities, with a combined capacity of 60,000 liters, are good manufacturing practice-certified by U.S. regulatory agencies. The sites supply China, North and Latin America, Europe and Southeast Asia.The Chinese drugmaker has begun clinical development of the Erbitux biosimilar.

The cancer medicine lost patent protection years ago but has remained free from biosimilar competition, an anomaly that researchers have linked to the antibody’s “unique structural complexity.” In 2024, the last year that Lilly disclosed Erbitux sales, the product generated $627.4 million worldwide, up 5% year-on-year. Subscribe to Manufacturing Brief! Analysis and key trends in biopharma manufacturing Henlius’ proposed Repatha and Benlysta biosimilars could give Sandoz copies of blockbuster treatments for certain cardiovascular conditions and systemic lupus erythematosus, respectively.

Sales of Amgen’s Repatha hit $3 billion last year, while Benlysta generated £1.8 billion ($2.4 billion) for GSK.The Repatha and Benlysta biosimilars are in technical and early development, respectively. Amgen lists U.S. and European Repatha patents that expire between 2028 and 2033.

GSK has Benlysta patents that expire as late as 2035.Following the deal, Sandoz’s biosimilar pipeline features 39 assets. The pipeline supports an increasingly important business for Sandoz, which reported 22% growth in biosimilar sales in the second quarter. The growth, coupled with the flatlining of Sandoz’s larger generics business, resulted in biosimilars accounting for one-third of total sales in the quarter.Upcoming patent expirations on blockbuster biologics give Sandoz and its biosimilar rivals opportunities to grow further in the coming years.

Led by Merck’s Keytruda, products with sales of about $180 billion are set to lose patent protection in 2027 and 2028. Twitter LinkedIn Facebook Email Print Manufacturing Nick Paul Taylor Nick is a freelance writer who has been reporting on the global life sciences industry since 2008.

source

Reporting by BioSpace.

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companies & drugs in this story

companies
SANDOZ11AMGEN5LILLY4ELI LILLY CO3Eli Lilly and Co2SHANGHAI HENLIUS BIOTECHShanghai Henlius Biotech IncUNIQUE
drugs
belimumab6evolocumab6cetuximab4AMPHADASE2Cancer ProgramKEYTRUDApembrolizumab
topics
Biosimilar5Lupus2CardiologyMonoclonal AntibodyOncology

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